ARKX vs SCHD
ARK Space & Defense Innovation ETF vs Schwab US Dividend Equity ETF
Which is better, ARKX or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. ARKX led over 3Y, SCHD over 1Y, 5Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 55.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ARKX | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $760M | $112.2B |
| Dividend Yield | 0.00% | 3.13% |
| Holdings | 37 | 103 |
| YTD Return | +7.33% | +27.56%Best |
| 1Y Return | +26.01% | +30.29%Best |
| 3Y Return (annualized) | +30.67%Best | +16.37% |
| 5Y Return (annualized) | +8.79% | +10.23%Best |
| Volatility (annualized) | 27.6% | 14.3%Best |
| Max Drawdown | -43.6% | -16.9%Best |
| $10,000 over 5 years | $15,239 | $16,274Best |
| Top 10 Weight | 55.9% | 41.5%Best |
| Fund Family | Ark Invest | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Mar 30, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 30, 2021 to Sep 4, 2026 (5.4 years).
ARKX vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.4 years both funds cover.
ARKX vs SCHD Performance
ARK Space & Defense Innovation ETF (ARKX) is an ETF from Ark Invest and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ARKX returned +26.01% while SCHD returned +30.29%. Year to date, ARKX is up 7.33% versus a gain of 27.56% for SCHD.
Over three years, ARKX compounded at +30.67% per year against +16.37% for SCHD; over five years the annualized figures are +8.79% and +10.23% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARKX has been the more volatile fund, with annualized monthly volatility of 27.6% compared with 14.3% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -43.6% for ARKX and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARKX charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, ARKX currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
0.9% of ARKX's money is in holdings SCHD also owns. 3.0% of SCHD's money is in holdings ARKX also owns.
SCHD and ARKX share little of their money.
1 positions in common, counted across the 34 positions we hold weights for in ARKX and 100 in SCHD, against full books of 37 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for ARKX (96.9% of the fund), and 28 for ARKX that do not appear in SCHD (90.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ARKX | Weight in SCHD | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 0.94% | 2.99% | 2.05% |
You are not choosing between two funds in isolation.
Whichever of ARKX and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ARKX or SCHD?
ARKX has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, ARKX or SCHD?
Over the past year ARKX returned +26.01% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARKX or SCHD?
ARKX has been the more volatile fund at 27.6% annualized versus 14.3% for SCHD. Worst drawdown: ARKX -43.6% vs SCHD -16.9%.
Should I hold both ARKX and SCHD?
ARKX and SCHD have a monthly-return correlation of 0.46, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ARKX and SCHD?
3.0% of SCHD's money is in holdings ARKX also owns. 3.0% of SCHD's is in holdings ARKX also owns. They hold 1 positions in common, counted across the 34 positions we hold weights for in ARKX and 100 in SCHD.
Which pays a higher dividend, ARKX or SCHD?
ARKX yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ARKX?
SCHD has a lower expense ratio. ARKX led over 3Y, SCHD over 1Y, 5Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 55.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.